The Question :

Of the stakers that have swapped ETH to stETH, how much ETH did they gain or lose depending on the peg of stETH to ETH at the time of the swap?

Repeat the same analysis for stakers who have swapped stETH to ETH; how much ETH did they gain or lose?

Approach :

stETH to ETH swappers profit or loss situation:

ETH to stETH swappers profit or loss situation:

Findings :

• the results show that, accourding to price difference between stETH and ETH, and noting that the swap ratio is 1:1 , some swappers were in profit and some in lose in the swap time. the results are :

• most of stakers (88.4%) which have swapped eth to stETH, were in profit (+110ETH in total)

• most of stakers (94.4%) which have swapped stEth to ETH, were in loss (-237ETH in total)